ACEA wants change to F1 governance

On a frantic day of activity following the FIA's publication of the 2010 entry list, the ACEA discussed the situation during a meeting in Brussels and decided that the way F1 was run had to change.

In a statement issued on Friday, the ACEA said: "Today, the members of the Board of the European Automobile Manufacturer's Association discussed the current situation prevailing in Formula 1, and have concluded that the current governance system cannot continue.

"ACEA has come to the conclusion that the FIA needs a modernised and transparent governance system and processes, including the revision of its constitution, to ensure the voice of its members, worldwide motorsport competitors and motorists are properly reflected."

The ACEA went on to state that it supported the efforts of its car manufacturer members in trying to change F1.

"The ACEA members support the activities and objectives of the Formula One Teams' Association to establish stable governance, clear and transparent rules which are common to all competitors to achieve cost reductions including a proper attribution of revenues to the F1 teams, in order to deliver a sustainable attractive sport for the worldwide public.

"Unless these objectives are met, the BMW, Ferrari, Mercedes, Renault and Toyota along with the other teams are determined to find an alternative way to practice this sport in a manner which provides clarity, certainty of rules and administration, and a fair allocation of revenues to the competing teams. "

The ACEA was founded in 1991 and represents 15 European car, truck and bus manufacturers at EU level.

Its members are BMW Group, DAF Trucks, Daimler, FIAT Group, Ford of Europe, General Motors Europe, Jaguar Land Rover, MAN Nutzfahrzeuge, Porsche, PSA Peugeot Citroën, Renault, Scania, Toyota Motor Europe, Volkswagen and Volvo.